News from the Reference Desk Category: Community

2020 Mid-year Legislative Update for Seniors

calling all seniors!Would you like to learn more about how local, Cook County, state and federal officials are assisting senior members of our community during this challenging time? You may like to attend a Zoom discussion and legislative update meeting session hosted by AgeOptions and local senior service agencies. Please see the official invitation.

The North Suburban Session is scheduled for Wednesday, July 29th, 2020 from 8:30 am to 9:30 am.  Registration is not required.   Here is the login information:
Zoom access link: https://bit.ly/3ij5raM
Or, dial in via the phone: 1-312-626-6799 (Chicago)
Meeting ID: 977 1224 6886
Password: 938391
Find your local call-in number: https://zoom.us/u/ab8KMtJLY

 

 

IL Business Interruption Grant (BIG) Program begins June 23

From the Illinois Department of Commerce and Economic Opportunity (DCEO):

DCEO will launch the first round of Business Interruption Grants (BIG) by providing $60 million to businesses experiencing losses or business interruption as a result of COVID-19 related closures. DCEO will begin distributing funds to qualifying businesses in early July.
In the first wave of grants, priority will be given to small businesses that have been heavily restricted or completely shut down during the pandemic and are located in disproportionately impacted areas (DIAs). Businesses eligible for the program must have experienced extreme hardship, demonstrated by eligible costs or losses in excess of the grant amount, since March and may continue to face depressed revenues or closure. Businesses must also have been in operation for at least three months prior to March 2020. An emphasis will also be placed on those businesses that are located in areas that have experienced recent property damage due to civil unrest, exacerbating the economic impacts of COVID-19.
Specifically, the program includes support for:

Businesses in DIAs – $20 million for businesses that are located in a subset of DIAs that have recently experienced significant property damage, providing 1,000 grants of $20,000 each

Bars and Restaurants – $20 million for bars and restaurants unable to offer outside service, providing at least 1,000 grants of up to $20,000 each

Barbershops and Salons – $10 million for barbershops and salons, providing 1,000 grants of $10,000 each

Gyms and Fitness Centers – $10 million for gyms and fitness centers that have lost significant revenue due to COVID-19, providing 500 grants of $20,000 each

The application for BIG will be available on Tuesday, June 23–keep checking site for updates.

Cook County Community Recovery Loan Fund Now Accepting Applications

Cook County has launched an initiative to provide economic relief to small businesses and independent contractors in response to COVID-19. Beginning today, the Community Recovery Loan Fund is accepting applications. The $10 million fund offers one-time, zero-interest loans up to $20,000 for small businesses and up to $10,000 for independent contractors. The fund is only available in Suburban Cook County. Application deadline is June 17, 2020
Who can apply?
Small Businesses  are eligible if they are: 
  • Employing 25 or fewer employees
  • Earning less than $3 million in annual revenue
  • Located in suburban Cook County, and
  • Revenues have decreased more than 25% as a result of COVID-19
Independent Contractors  are eligible if you are:
  • Making at least half of your yearly income in 1099 contract work 
  • Earning less than $100,000 annually 
  • Residing in suburban Cook County 

2020 Pandemic Moments History Project

2020 Pandemic Moments in Mount Prospect

The Mount Prospect Historical Society in partnership with the Mount Prospect Public Library has launched a new community project. Residents and others affiliated with Mount Prospect are asked to share photos and videos and to write essays, impressions and even poems to help others among us put this experience into a larger context and provide those who come after us with a snapshot of what life has been like in Mount Prospect during this COVID-19 pandemic. For more information about this project and how to share your experiences, please see this page on the Mount Prospect Historical Society web site.

Protection for Renters During COVID-19

If you are a renter and have questions about your rights, the Consumer Financial Protection Bureau has some information that may be helpful HERE.

The CARES Act, which was recently passed by Congress, provides certain protections for most tenants in federally subsidized or federally backed housing, including limits on evictions and fees for not being able to make your rent payment.

Some states and local governments have taken action to offer rent relief.

In addition, there are a number of resources and professionals who can help with your housing or financial situation, including nonprofit credit and housing counselors.